Mogadore, Ohio is a quaint town located just outside of Akron with a population of 3,100. The cost of living in Mogadore is relatively low with 2 bedroom rent at $1,080 and the grocery cost index at 98 compared to 100 in the US. Local companies in Mogadore include BVU Authority, JBS Packerland and Siemens Gamesa Renewable Energy. BVU Authority provides affordable utility services to customers throughout northeast Ohio. JBS Packerland is a food processing company that specializes in fresh beef and pork products for local customers and families. Siemens Gamesa Renewable Energy is a world leader in onshore wind energy solutions and has built several wind turbines in Mogadore as part of their commitment to renewable energy sources.
Mogadore has an unemployment rate of 5.7%. The US average is 6.0%.
Mogadore has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Mogadore
- The Sales Tax Rate for Mogadore is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mogadore is 5.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mogadore
- The average income of a Mogadore resident is $23,324 a year. The US average is $28,555 a year.
- The Median household income of a Mogadore resident is $70,750 a year. The US average is $69,021 a year.